£1,071,008
This estimated value is based upon the latest sale price for the house of £845,000 on 5 Sep 2017. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There has been one burglary within the last year on or near Lorne Road
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471 Romford Road, Forest Gate, London, E7 8AB
Phone: 02080335952
Price Paid | Date |
---|---|
£845,000 | 5 Sep 2017 |
£325,000 | 3 Dec 2009 |
Terraced |
Freehold |
Floor Area: 113 sq meters or 1,226 sq feet |
This model uses changes in the Official Land Registry House Price Index for GREATER LONDON to estimate the market value.
When this house was purchased in September 2017 the House Price Index for GREATER LONDON was 117.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 26.747%.Applying this 26.747% change to the original purchase price of £845,000 results in an estimated price of approximately £1,071,008.
5 Sep 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
117.2 | 148.6 | 26.747 % | £845,000 | £226,008 | £1,071,008 |
The Postcode Pricing Model uses changes in average sales price within the E7 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
Change % | Change £ | Estimated Price | |
1 Month Average | -25.641 % | £-216,667 | £628,332 |
3 Month Average | 35.302 % | £298,299 | £1,143,299 |
6 Month Average | 27.206 % | £229,891 | £1,074,891 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
13 Dec 2023 | £422,390 | £415,000 | 124A GODWIN ROAD |
3 Nov 2023 | £893,224 | £880,000 | 123 GODWIN ROAD |
11 Sep 2023 | £795,167 | £785,000 | 107 GODWIN ROAD |
1 Sep 2023 | £881,268 | £870,000 | 65 GODWIN ROAD |
21 Aug 2023 | £388,398 | £385,000 | 124B GODWIN ROAD |
This house has a floor area of 113 sq meters or 1,226 sq feet when measured on 18 Sep 2009. Using an estimated price of £1,071,008 means this house is valued at £9,403 per sq meter (£873 per sq foot).
The average size of a house on TYLNEY ROAD is 108 sq meters (1,168 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Other theft | Under investigation | On or near Lorne Road |
Apr 2024 | Anti-social behaviour | On or near Lorne Road | |
Apr 2024 | Vehicle crime | Under investigation | On or near Lorne Road |
Mar 2024 | Vehicle crime | Under investigation | On or near Lorne Road |
Mar 2024 | Burglary | Under investigation | On or near Lorne Road |